doctrine of ultra vires
Karthi 003 (1 Points)
16 July 2018Karthi 003 (1 Points)
16 July 2018
Sarath Rajendran
(Nil)
(2791 Points)
Replied 16 July 2018
The Memorandum, being the constitution of the company sets out the principal objectives, powers, scope and its area of operation, both internal and external. A company, therefore, can do anything within the scope of the powers specified in the Memorandum.
The Memorandum, being the constitution of the company sets out the principal objectives, powers, scope and its area of operation, both internal and external. A company, therefore, can do anything within the scope of the powers specified in the Memorandum.
vaishali singh
(trainee)
(395 Points)
Replied 31 July 2018